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CADJPY Forecast January 23-27

51
Still going sideways, it does look like it wants to go up, but no bullish signs yet.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Nota
Tuesday

Since price broke down, wait for a pullback to short.

syot kilat
Nota
Wednesday

A very very deep pullback, bearish view still valid, but price has to drop today, if it keeps going up the bullish bias will be back tomorrow.

syot kilat
Nota
Thursday

Like most JPY pairs, a triangle is developing possibly until next week, wait for a break for the next big move.

syot kilat
Nota
Friday

No triangle forming on this pair, go long on a pullback.

syot kilat

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.